Janice Harris wants to buy a home. She has narrowed the choice down to a $125,000 home in Summerton and a $138,000 home in Lionsville. With regard to property taxes, Summerton has an assessment rate of 100% and a tax rate of $1.86 per $100 of assessed
value, while Lionsville has an 80% assessment rate and a tax rate of 22.6 mills. Which house has the higher property tax, and by how much? (Round to the nearest cent)
Lionsville, $170.04
Business
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Adriano Corp. sold 2,500 cell phones on account for $700 each. The standard direct materials and conversion costs of each unit are $173.85 and $57.95, respectively. Record the journal entries for this transaction under the just-in-time costing system
What will be an ideal response
Business
Gaining ________ requires delivering more value and satisfaction to target consumers than competitors do
A) competitive advantage B) first-mover advantage C) economies of scale D) comparative advantage E) differentiation
Business